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20121205
20121213
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CSPAN2 11
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CSPAN
Dec 11, 2012 12:00pm EST
: domestic spending cuts is on the table for the fiscal cliff talks. two different perspectives for you here. isabel sawhill, brookings institution. brookings center on children and families. james capretta ethics and public policy center and visiting scholar at aei. let me begin with you. are these potential domestic cuts under sequestration devastating or manageable? >> guest: somewhere in between. not a good idea. they would be very deep cuts, you know, an 8% cut across the board is a very significant one-time cut for any program to sustain in immediate year period. so they're not a good idea. would it be the end of the world, no? >> host: what do you mean by that? >> guest: well, i mean there would be downsizing of a lot of services across the government in terms of the domestic accounts. so it would be fewer services being provided. there would be reduced federal employees. some grant programs would take a haircut of five, 10%. so there would be downsizing of the services provided by the federal government. but the economy would go on and the government would go on and the public would
CSPAN
Dec 11, 2012 5:00pm EST
to correct the record. but first during this talk about the fiscal cliff and about the tax cuts that sunset at the end of the year, all we've been hearing since the election is about what are we going to do about taxes? that's a very significant thing as a result of the last election because i think it's a foregone conclusion there's going to be more revenue raised. but if we raise the amount of revenue that the president wants raised and raise it from the 2% that he wants to raise it from -- the wealthy -- that's only going to run the government for eight days. so what do you do the other 357 days? or if you look at the deficit, it will only take care of 7% of the $1 trillion-plus deficit that we have every year. what about the other 93%? so the point being that we can talk about taxes and taxes and taxes, but it's not going to solve the fiscal problems facing our nation. we don't have a taxing problem. we have a spending problem. and so we should have been spending the last three weeks talking about how we're going to take care of the other 93% of the problem. the president should have de
CSPAN
Dec 10, 2012 8:30am EST
a successful outcome not just to these fiscal cliff talks, but also to this longer-term issue of debt and deficit and economic growth. i was asked today to focus a little bit on what might be possible in terms of tax reform. i know tax reform and health care reform are the two topics we're discussing this morning and, again, i look forward to hearing from gene and also this distinguished panel behind us. with regard to the tax and health care reform issues, i'll make a simple point which is that if we go through this fiscal cliff discussion and do not take advantage of that opportunity to put in place reforms to the entitlement programs which are incredibly important but also up sustainable, and if we do not take advantage of it to look at our tax system which is antiquated, outdated, inefficient, we will have swappedderred the opportunity to really -- squanders the opportunity to address the long-term problem. we'll be right back on the cliff again. so the first fiscal cliff is approaching, we have to address it. if we do not, we'll see about $500 billion in tax increases, we'll see
CSPAN
Dec 6, 2012 12:00pm EST
secretary geithner toward fixing the fiscal cliff that's been so much talked about. and i just want to say, sadly, that the facts are that real numbers disprove what they have alleged the plan would do. and we've look the at the numbers. there's no real mystery about this. and there are gimmicks and manipulations in the way they've expressed what they intend to accomplish that i think are beyond the pale and the american people need to know that it's not accurate. this would not be possible if we had the plan on the floor so it could be voted on in the light of day. but we all know what the plan is, the scheme is, the strategy is. it is to be meeting in secret, and then plop down on the floor of the senate at the last hour some sort of coerced agreement that all the senators, like lemmings, are supposed to vote for. and we're supposed to expect that the american people will believe the agreement is what the president says it is, but that is not in reality what's occurring. he's been -- secretary geithner -- meeting with senate -- house members, particularly last week. he presented a propos
CSPAN
Dec 6, 2012 5:00pm EST
, before we talk about fiscal cliff, we'll get because the last fiscal cliff. we had another fiscal cliff types of new with the debt limit to create a center that led to this ridiculous idea that i voted against that let's put a bunch of bad things to happen at one time because that will force washington to do something. surprise, it didn't work. here we are again. so we have to issues. number one is an immediate term to avoid doing damage. that's to avoid doing harm. so we need to look for a way to accomplish that in the short term. then we have had a conversation about getting the fiscal house in order it's just fundamentally true. we spend a trillion dollars a year more than we take in to assist attack. i approached this issue that the only way we can get that in order is to rapid economic growth. there's no taxes to raise. what the presidential post does not raise enough revenue, but it will make a dent on job creation, particularly middle-class job creation. so that's why i oppose this blanket instead i think we should do real tax reform. if there are loopholes, there's a loophole fo
CSPAN
Dec 12, 2012 12:00pm EST
to discuss legislation we could actually pass. i'm not talking about the fiscal cliff or sequester, anything quite so heavy. but, nevertheless, quite important. it's got bipartisan support, already been passed out of the agriculture committee, passed out of the house of representatives by 300 votes, but it has yet to be brought to the senate floor for debate. that debate could being over with in half an hour the majority leader talks about bipartisan support for legislation and hurdles to bringing bipartisan legislation to the floor. obviously we have them. but i want to remind the senate that this bill has already passed the house, as i have said, with broad, bipartisan support, and again with over 300 votes. that doesn't happen often in the house of representatives these days. and it passed out of the senate ag committee with bipartisan support, didn't even need to have a hearing. but yet the majority leader has not allowed this come to to the floor without a vote. i would urge him to do that. i am talk about h.r. about the g regulatory burdens act of 2011. how could anybody be opposed to
CSPAN
Dec 7, 2012 12:00pm EST
of negotiations over what is called the fiscal cliff. also, don't forget to explore the history and literary culture of new york capital city of albany this weekend. book tv is on c-span2 and american history to be on c-span three. >> coming up at 7:00 c-span will be lot of discussion unskilled immigrants. virginia senator mark warner is sponsoring a bill to allow more highly skilled veterans and to the u.s. >> we have had these this the five explosions of knowledge in madison, but we have not coordinated care. all the services that we have end up having some any cracks that the cracks are as harmful as the diseases that we are treating. we have to step back and ask, you know, are we hurting people overall? and income on a global level where we doing some times? and, of course, now we have to these reports saying 30 percent of everything we do may not be necessary in after. we will be step back, 30 percent of all the medications we prescribe, the tests we order, the procedures. this is something, i think, which is for the first time really being called out as a problem. >> dysfunction in the
CSPAN
Dec 7, 2012 9:00am EST
of solving the immediate fiscal cliff decision. how would you describe your feeling that there will be some kind of accommodation deals these on the tax or the spending side, or both? >> first of all, good morning. and just, i'm not gene sperling. but i'm very pleased to give you my perspective on where we are. and let me just say, hearing some of the poll video here, the beginning of the question, i will start by something that i often say when i'm giving remarks, that i'm struck with in my district, i hope many of us are, having a swing district in the suburbs of philadelphia, people in the same group, no matter how partisan they are more have nonpartisan the group is, they will say to differ quite a stupid pills and i want you to go to washington and i want you to stand on defenseless but i don't want you to give an inch. values matter, our priorities matter. i want you to go and fight for us. i will. then someone else will get up and say, i want you to compromise, i want you to find a middle ground, i want you to get these done. that's the 10th time this happened to me. i thought that's
CSPAN
Dec 12, 2012 5:00pm EST
and toward this so-called cliff. i've been talking to a number of my colleagues, republicans and democrats and others, there is a majority consensus here for putting together a credible long-term package to deal with our fiscal situation which would send a message to the world and send a message to our citizens that the congress and the government are serious about addressing our fiscal situation and putting us on a path to fiscal health. and in doing so it would restore the confidence of the american people, it would restore the confidence of investors around the world that america is getting its act together at a time when europe is struggling, at the time when japan is struggling and slowing down, when china growth is slowing, the world is looking to the united states to take the lead. as it has so many times in so many crises before. yet all they see is the stand-off and the inability to do what i think we all need to do. now, the choice is very clear. we have come to the point where i think most people looking at this understand that if we don't act now, the so-called kicking the can
CSPAN
Dec 11, 2012 9:00am EST
and congress as we face the fiscal cliff. he said at one point that the president is calling for raising taxes $1.6 billion. that's true. but i would call to his attention the fact that the simpson-bowles commission suggested that 40% of the $4 trillion in deficit reduction come from revenue in taxes. what the president is suggesting is entirely consistent with that bipartisan group's call for more revenue in taxes as part of our deficit reduction. the president's made it clear, though, he wants to protect and insulate middle-income families from any income tax increases, and i agree with him. we should not raise the income taxes on those making less than $250,000 a year. i voted that way in july. we sent the bill to the house. it sits there. it languishes in the house because the speaker won't call it. he has his chance this week or the next to call that bill on the floor of the house of representatives to avoid any tax increase on middle-income families. that's an important thing for us to get done before we leave at the end of this particular session of congress. let me say that $1.6 trilli
CSPAN
Dec 5, 2012 9:00am EST
the consequences of going over the fiscal cliff. and, madam president, i've only been here 36 years, but i've seen every president willing to meet on a regular basis at budget-crunch time with people on both sides of the table over and over and over again until they gradually whittle it down to where they agree. i haven't seen that with president obama. i've seen heard democrats complain that he never talks to them. we cannot do this kind of work without very, very strong presidential effort. that's what presidents are for. and it can't just be laying down a gauntlet sand say, you can't -- and say, you can't cross over that, or drawing a line in the sand. we need -- you got two programs now. and those two sides need to get together. and that includes the president and whatever democrats he cares to put in the equation and also speaker boehner, leader mcconnell, and others. as we attempt to reach a meaningful resolution of this debate in the coming weeks, there are three guideposts that i will keep in sight. first is the cliff itself. going over it would be the height of irresponsibility. and accor
Search Results 0 to 10 of about 11